The triple net, or NNN, lease used in commercial real estate rentals covers real estate taxes, insurance and maintenance. Payments are in addition to rent and utilities. Calculating a triple net lease is done by adding these costs and dividing it by the amount of square footage in the building.

Calculate the monthly insurance cost by dividing the yearly insurance cost by 12. This result will be the insurance per month figure. step. add the monthly rent cost, monthly maintenance cost, the tax per month figure and the insurance per month figure. The total of these costs will be the monthly triple net lease cost.

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This calculator is flexible enough to determine the payment on the most common types of leases, such as the double or triple net lease (NNN lease). If you’re a landlord, keep reading to learn how to calculate the commercial rent, or take a look at the net effective rent calculator!

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Remember, triple-net is the reimbursement of the operating expenses by the. Think of the cost of funds; you could have $500,000 in a mutual fund earning interest. If you calculate the actual. The triple net, or NNN, lease used in commercial real estate rentals covers. Calculating a triple net lease is done by adding these costs and.

A triple net lease is a commercial lease for which the lessee essentially takes on all the cost of the property in addition to a monthly lease payment. The lessee is directly responsible for.

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Heard the terms “triple-net property” or “net-leased” properties? A type of lease a commercial tenant enters into in a retail, industrial or office.